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How Can NRIs Prevent Double Taxation in India? | Mint Primer

Non-Resident Indians, or NRIs, who stay abroad for a minimum of 182 days in a year, are eligible to apply for tax exemption in their country of residence if they have already paid tax in India.

21 Dec 2022
Money

NRI taxation: Global income is taxed in India for tax residents

It is mandatory for residents who hold foreign assets, bank accounts and financial interest to report these matters in their income tax returns in India

2 min read11 Sep 2018
Money

Entire global income is taxed in India for resident Indian status

If you are resident or non-resident but not ordinarily resident in India, you will be paying tax on income earned in India

2 min read17 Jul 2018

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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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